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Applied Industrial Technologies, Inc.(AIT)Earnings, Financials & Key Ratios
AIT•NYSE
$315.39
$11.66B mkt cap·31.2× P/E·Price updated May 6, 2026
SectorIndustrialsIndustryIndustrial DistributionSub-IndustryAutomation, Motion and Fluid Power Distribution
AboutApplied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides equipment repair and technical support services. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.Show more
- Revenue$4.56B+1.9%
- EBITDA$559M+2.0%
- Net Income$393M+1.9%
- EPS (Diluted)10.12+3.0%
- Gross Margin30.31%+1.6%
- EBITDA Margin12.25%
- Operating Margin10.92%-1.3%
- Net Margin8.61%
- ROE22.24%-9.3%
- ROIC18.73%-6.8%
- Debt/Equity0.31-28.7%
- Interest Coverage15.12-40.1%
AIT Key Insights
Applied Industrial Technologies, Inc. (AIT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 24.5%
- ✓Strong 5Y profit CAGR of 74.9%
- ✓15 consecutive years of dividend growth
- ✓High quality earnings: Operating CF exceeds net income
- ✓Trading near 52-week high
- ✓Efficient asset utilization: 1.4x turnover
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
AIT Price & Volume
Applied Industrial Technologies, Inc. (AIT) stock price & volume — 10-year historical chart
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AIT Growth Metrics
Applied Industrial Technologies, Inc. (AIT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.19%
5 Years7.05%
3 Years6.19%
TTM7.54%
Profit CAGR
10 Years13.03%
5 Years74.86%
3 Years15.15%
TTM3.89%
EPS CAGR
10 Years13.71%
5 Years74.81%
3 Years15.43%
TTM6.33%
Return on Capital
10 Years15.09%
5 Years18.72%
3 Years21.21%
Last Year19.55%
AIT Recent Earnings
Applied Industrial Technologies, Inc. (AIT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 28, 2026EPS
$2.65
Est $2.63
+0.8%
Revenue
$1.3B
Est $1.2B
+2.2%
Q1 2026
Jan 27, 2026EPS
$2.51
Est $2.48
+1.2%
Revenue
$1.2B
Est $1.2B
-0.8%
Q4 2025
Oct 28, 2025EPS
$2.63
Est $2.48
+6.0%
Revenue
$1.2B
Est $1.2B
+1.0%
Q3 2025
Aug 14, 2025EPS
$2.80
Est $2.63
+6.5%
Revenue
$1.2B
Est $1.2B
+3.5%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $2.65vs $2.63+0.8% | $1.3Bvs $1.2B+2.2% |
| Q1 2026 | Jan 27, 2026 | $2.51vs $2.48+1.2% | $1.2Bvs $1.2B-0.8% |
| Q4 2025 | Oct 28, 2025 | $2.63vs $2.48+6.0% | $1.2Bvs $1.2B+1.0% |
| Q3 2025 | Aug 14, 2025 | $2.80vs $2.63+6.5% | $1.2Bvs $1.2B+3.5% |
Based on last 12 quarters of dataView full earnings history →
AIT Peer Comparison
Applied Industrial Technologies, Inc. (AIT) competitors in Automation, Motion and Fluid Power Distribution — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GWW | 55.63B | 1169.86 | 33.05 | 4.51% | 9.51% | 41.2% | 0.76 | |
 MSM | 5.86B | 105.01 | 29.41 | -1.35% | 5.37% | 14.79% | 0.39 | |
 FAST | 51.33B | 44.71 | 41.02 | 8.67% | 15.35% | 31.91% | 0.11 | |
 DNOW | 1.42B | 13.50 | -18 | 18.84% | -2.66% | -3.35% | 0.30 | |
 WDFC | 4.21B | 210.88 | 31.52 | 4.98% | 14.42% | 33.9% | 0.36 | |
 RBC | 20.38B | 623.13 | 80.93 | 4.87% | 15% | 8.24% | 0.34 | |
 AME | 55.29B | 241.38 | 37.72 | 6.63% | 20.11% | 14.39% | 0.21 | |
 PH | 113.93B | 902.66 | 33.28 | -0.4% | 16.58% | 24.26% | 0.70 |
Compare AIT vs Peers
Applied Industrial Technologies, Inc. (AIT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AIT Income Statement
Applied Industrial Technologies, Inc. (AIT) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.59B | 3.07B | 3.47B | 3.25B | 3.24B | 3.81B | 4.41B | 4.48B | 4.56B | 4.84B |
| Revenue Growth % | 2.95% | 18.49% | 13% | -6.54% | -0.3% | 17.76% | 15.8% | 1.51% | 1.88% | 7.54% |
| Cost of Goods Sold | 1.86B | 2.19B | 2.47B | 2.31B | 2.3B | 2.7B | 3.13B | 3.14B | 3.18B | 3.39B |
| COGS % of Revenue | 71.56% | 71.24% | 70.98% | 71.11% | 71.09% | 70.95% | 70.84% | 70.16% | 69.69% | - |
| Gross Profit | 737.7M▲ 0% | 884M▲ 19.8% | 1.01B▲ 14.0% | 937.74M▼ 6.9% | 935.52M▼ 0.2% | 1.11B▲ 18.3% | 1.29B▲ 16.3% | 1.34B▲ 3.9% | 1.38B▲ 3.5% | 1.45B▲ 0% |
| Gross Margin % | 28.44% | 28.76% | 29.02% | 28.89% | 28.91% | 29.05% | 29.16% | 29.84% | 30.31% | 30.04% |
| Gross Profit Growth % | 4.28% | 19.83% | 13.99% | -6.94% | -0.24% | 18.32% | 16.27% | 3.86% | 3.48% | - |
| Operating Expenses | 562.31M | 658.17M | 773.84M | 848.75M | 730.07M | 749.06M | 813.81M | 840.83M | 884.63M | 911.74M |
| OpEx % of Revenue | 21.68% | 21.42% | 22.28% | 26.15% | 22.56% | 19.66% | 18.44% | 18.77% | 19.39% | - |
| Selling, General & Admin | 562.31M | 658.17M | 741.76M | 717.98M | 680.83M | 749.67M | 813.81M | 840.83M | 884.63M | 911.63M |
| SG&A % of Revenue | 21.68% | 21.42% | 21.36% | 22.12% | 21.04% | 19.67% | 18.44% | 18.77% | 19.39% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 32.07M | 130.77M | 49.24M | -610K | 0 | 0 | 0 | 109K |
| Operating Income | 174.59M▲ 0% | 225.83M▲ 29.3% | 233.79M▲ 3.5% | 88.99M▼ 61.9% | 205.45M▲ 130.9% | 357.86M▲ 74.2% | 473.15M▲ 32.2% | 495.82M▲ 4.8% | 498.53M▲ 0.5% | 541.85M▲ 0% |
| Operating Margin % | 6.73% | 7.35% | 6.73% | 2.74% | 6.35% | 9.39% | 10.72% | 11.07% | 10.92% | 11.2% |
| Operating Income Growth % | 96.61% | 29.35% | 3.53% | -61.94% | 130.88% | 74.18% | 32.22% | 4.79% | 0.55% | - |
| EBITDA | 214.27M | 275.69M | 295.91M | 151.74M | 260.6M | 411.41M | 526.22M | 548.18M | 559.01M | 592.27M |
| EBITDA Margin % | 8.26% | 8.97% | 8.52% | 4.68% | 8.05% | 10.8% | 11.92% | 12.24% | 12.25% | 12.24% |
| EBITDA Growth % | 64.38% | 28.67% | 7.33% | -48.72% | 71.74% | 57.87% | 27.91% | 4.17% | 1.98% | 5.8% |
| D&A (Non-Cash Add-back) | 39.68M | 49.86M | 62.12M | 62.75M | 55.15M | 53.55M | 53.07M | 52.35M | 60.48M | 50.42M |
| EBIT | 175.8M | 228.86M | 235.27M | 220.11M | 207.87M | 356.57M | 474.6M | 518.67M | 519.18M | 550.13M |
| Net Interest Income | -8.54M | -23.48M | -40.19M | -36.53M | -30.59M | -26.26M | -21.64M | -2.83M | -16.74M | -12.81M |
| Interest Income | 290K | 657K | 600K | 729K | 215K | 522K | 3.15M | 17.71M | 17.6M | 0 |
| Interest Expense | 8.83M | 24.14M | 40.79M | 37.26M | 30.81M | 26.79M | 24.79M | 20.54M | 34.34M | 12.81M |
| Other Income/Expense | -8.42M | -21.11M | -39.31M | -33.75M | -28.39M | -28.07M | -23.34M | 2.31M | 2.44M | -20.32M |
| Pretax Income | 166.97M▲ 0% | 204.72M▲ 22.6% | 194.48M▼ 5.0% | 55.24M▼ 71.6% | 177.06M▲ 220.6% | 329.79M▲ 86.3% | 449.81M▲ 36.4% | 498.13M▲ 10.7% | 500.97M▲ 0.6% | 521.53M▲ 0% |
| Pretax Margin % | 6.44% | 6.66% | 5.6% | 1.7% | 5.47% | 8.65% | 10.19% | 11.12% | 10.98% | 10.78% |
| Income Tax | 33.06M | 63.09M | 50.49M | 31.19M | 32.3M | 72.38M | 103.07M | 112.37M | 107.98M | 117.77M |
| Effective Tax Rate % | 19.8% | 30.82% | 25.96% | 56.47% | 18.25% | 21.95% | 22.91% | 22.56% | 21.55% | 22.58% |
| Net Income | 133.91M▲ 0% | 141.63M▲ 5.8% | 143.99M▲ 1.7% | 24.04M▼ 83.3% | 144.76M▲ 502.1% | 257.41M▲ 77.8% | 346.74M▲ 34.7% | 385.76M▲ 11.3% | 392.99M▲ 1.9% | 403.76M▲ 0% |
| Net Margin % | 5.16% | 4.61% | 4.15% | 0.74% | 4.47% | 6.76% | 7.86% | 8.61% | 8.61% | 8.34% |
| Net Income Growth % | 352.75% | 5.76% | 1.67% | -83.3% | 502.1% | 77.82% | 34.7% | 11.25% | 1.87% | 3.89% |
| Net Income (Continuing) | 133.91M | 141.63M | 143.99M | 24.04M | 144.76M | 257.41M | 346.74M | 385.76M | 392.99M | 403.76M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 3.40▲ 0% | 3.61▲ 6.2% | 3.68▲ 1.9% | 0.62▼ 83.2% | 3.68▲ 493.5% | 6.58▲ 78.8% | 8.84▲ 34.3% | 9.83▲ 11.2% | 10.12▲ 3.0% | 10.62▲ 0% |
| EPS Growth % | 353.33% | 6.18% | 1.94% | -83.15% | 493.55% | 78.8% | 34.35% | 11.2% | 2.95% | 6.33% |
| EPS (Basic) | 3.43 | 3.65 | 3.72 | 0.62 | 3.73 | 6.69 | 8.98 | 9.98 | 10.26 | - |
| Diluted Shares Outstanding | 39.4M | 39.28M | 39.16M | 39M | 39.3M | 39.1M | 39.22M | 39.26M | 38.82M | 38M |
| Basic Shares Outstanding | 39.01M | 38.75M | 38.67M | 38.66M | 38.76M | 38.47M | 38.59M | 38.67M | 38.29M | 37.53M |
| Dividend Payout Ratio | 33.32% | 32.38% | 32.83% | 203.28% | 35% | 20.13% | 15.41% | 14.49% | 16.21% | - |
AIT Balance Sheet
Applied Industrial Technologies, Inc. (AIT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 882.54M | 1.06B | 1.15B | 1.16B | 1.2B | 1.36B | 1.65B | 1.77B | 1.75B | 1.58B |
| Cash & Short-Term Investments | 105.06M | 54.15M | 108.22M | 268.55M | 257.75M | 184.47M | 344.04M | 460.62M | 388.42M | 171.58M |
| Cash Only | 105.06M | 54.15M | 108.22M | 268.55M | 257.75M | 184.47M | 344.04M | 460.62M | 388.42M | 171.58M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 390.93M | 548.81M | 540.9M | 450M | 516.32M | 656.43M | 708.39M | 737.53M | 769.7M | 792.85M |
| Days Sales Outstanding | 55.01 | 65.18 | 56.85 | 50.61 | 58.24 | 62.88 | 58.59 | 60.1 | 61.56 | 57.52 |
| Inventory | 345.14M | 422.07M | 447.56M | 389.15M | 362.55M | 449.82M | 501.18M | 488.26M | 505.34M | 526.32M |
| Days Inventory Outstanding | 67.87 | 70.37 | 66.27 | 61.54 | 57.52 | 60.72 | 58.52 | 56.71 | 58 | 56.13 |
| Other Current Assets | 41.41M | 32.99M | 51.46M | 52.07M | 59.96M | 68.81M | 93.19M | 83.5M | 84.02M | 90.46M |
| Total Non-Current Assets | 505.05M | 1.23B | 1.18B | 1.12B | 1.08B | 1.09B | 1.1B | 1.18B | 1.43B | 1.41B |
| Property, Plant & Equipment | 108.07M | 121.34M | 124.3M | 212.54M | 202.7M | 219.95M | 215.72M | 251.82M | 316.81M | 309.87M |
| Fixed Asset Turnover | 24.00x | 25.33x | 27.94x | 15.27x | 15.96x | 17.33x | 20.46x | 17.79x | 14.40x | 15.44x |
| Goodwill | 206.13M | 646.64M | 661.99M | 540.59M | 560.08M | 563.21M | 578.42M | 619.39M | 699.37M | 705M |
| Intangible Assets | 163.56M | 435.95M | 368.87M | 343.21M | 279.63M | 250.59M | 235.55M | 245.87M | 348.6M | 322.69M |
| Long-Term Investments | 10.48M | 10.32M | 11.25M | 12.26M | 16.84M | 15.32M | 18.64M | 22.52M | 25.63M | 81.65M |
| Other Non-Current Assets | 7.82M | 23.79M | 16.57M | 27.44M | 32.83M | 59.32M | 66.84M | 42.41M | 37.66M | 187.05M |
| Total Assets | 1.39B▲ 0% | 2.29B▲ 64.7% | 2.33B▲ 2.0% | 2.28B▼ 2.1% | 2.27B▼ 0.5% | 2.45B▲ 8.0% | 2.74B▲ 11.9% | 2.95B▲ 7.6% | 3.18B▲ 7.6% | 2.99B▲ 0% |
| Asset Turnover | 1.87x | 1.34x | 1.49x | 1.42x | 1.42x | 1.55x | 1.61x | 1.52x | 1.44x | 1.55x |
| Asset Growth % | 5.72% | 64.73% | 2.01% | -2.06% | -0.51% | 7.96% | 11.85% | 7.6% | 7.58% | 13.34% |
| Total Current Liabilities | 309.75M | 432.55M | 423.79M | 426.08M | 427.7M | 499.63M | 540.34M | 501.1M | 526.15M | 536.62M |
| Accounts Payable | 180.61M | 256.89M | 237.29M | 186.27M | 208.16M | 259.46M | 301.69M | 266.95M | 280.12M | 303.06M |
| Days Payables Outstanding | 35.52 | 42.83 | 35.13 | 29.46 | 33.03 | 35.03 | 35.23 | 31 | 32.15 | 30.14 |
| Short-Term Debt | 4.81M | 19.18M | 49.04M | 78.65M | 43.52M | 40.17M | 25.17M | 25.05M | 0 | 18M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.3M |
| Other Current Liabilities | 124.33M | 156.48M | 137.47M | 161.17M | 148.65M | 169.88M | 213.49M | 175.63M | 246.03M | 215.56M |
| Current Ratio | 2.85x | 2.45x | 2.71x | 2.72x | 2.80x | 2.72x | 3.05x | 3.53x | 3.32x | 3.32x |
| Quick Ratio | 1.73x | 1.47x | 1.65x | 1.81x | 1.95x | 1.82x | 2.12x | 2.56x | 2.36x | 2.36x |
| Cash Conversion Cycle | 87.37 | 92.72 | 87.98 | 82.69 | 82.74 | 88.57 | 81.89 | 85.8 | 87.41 | 83.51 |
| Total Non-Current Liabilities | 332.59M | 1.04B | 1.01B | 1.01B | 911.56M | 803.61M | 744.55M | 762.03M | 804.87M | 592.05M |
| Long-Term Debt | 286.77M | 944.52M | 908.85M | 855.14M | 784.86M | 649.15M | 596.93M | 572.28M | 572.3M | 347.3M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 64.25M | 80.81M | 0 | 104.14M | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 45.82M | 93.7M | 102.02M | 158.78M | 62.46M | 73.65M | 147.63M | 85.61M | 232.57M | 946.12M |
| Total Liabilities | 642.34M | 1.47B | 1.43B | 1.44B | 1.34B | 1.3B | 1.28B | 1.26B | 1.33B | 1.13B |
| Total Debt | 291.58M | 963.71M | 957.89M | 933.79M | 919.99M | 800.25M | 622.1M | 734.94M | 572.3M | 365.3M |
| Net Debt | 186.53M | 909.55M | 849.67M | 665.24M | 662.24M | 615.77M | 278.06M | 274.33M | 183.88M | 193.72M |
| Debt / Equity | 0.39x | 1.18x | 1.07x | 1.11x | 0.99x | 0.70x | 0.43x | 0.44x | 0.31x | 0.31x |
| Debt / EBITDA | 1.36x | 3.50x | 3.24x | 6.15x | 3.53x | 1.95x | 1.18x | 1.34x | 1.02x | 0.62x |
| Net Debt / EBITDA | 0.87x | 3.30x | 2.87x | 4.38x | 2.54x | 1.50x | 0.53x | 0.50x | 0.33x | 0.33x |
| Interest Coverage | 19.91x | 9.48x | 5.77x | 5.91x | 6.75x | 13.31x | 19.14x | 25.25x | 15.12x | 42.94x |
| Total Equity | 745.26M▲ 0% | 814.96M▲ 9.4% | 897.03M▲ 10.1% | 843.54M▼ 6.0% | 932.55M▲ 10.6% | 1.15B▲ 23.2% | 1.46B▲ 26.9% | 1.69B▲ 15.8% | 1.84B▲ 9.2% | 1.86B▲ 0% |
| Equity Growth % | 13.28% | 9.35% | 10.07% | -5.96% | 10.55% | 23.25% | 26.89% | 15.79% | 9.22% | 23.03% |
| Book Value per Share | 18.91 | 20.75 | 22.91 | 21.63 | 23.73 | 29.39 | 37.19 | 43.02 | 47.52 | 48.95 |
| Total Shareholders' Equity | 745.26M | 814.96M | 897.03M | 843.54M | 932.55M | 1.15B | 1.46B | 1.69B | 1.84B | 1.86B |
| Common Stock | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M |
| Retained Earnings | 1.03B | 1.13B | 1.23B | 1.2B | 1.29B | 1.5B | 1.79B | 2.12B | 2.45B | 2.71B |
| Treasury Stock | -381.45M | -403.88M | -415.16M | -414.09M | -455.79M | -471.85M | -477.55M | -559.27M | -720.7M | -964.52M |
| Accumulated OCI | -81.7M | -90.22M | -99.89M | -129.43M | -93.09M | -72.3M | -55.3M | -77.57M | -91.69M | -95.52M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
AIT Cash Flow Statement
Applied Industrial Technologies, Inc. (AIT) cash flow — operating, investing & free cash flow history
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 164.62M | 147.3M | 180.6M | 296.71M | 241.7M | 187.57M | 343.97M | 371.39M | 492.38M | 492.38M |
| Operating CF Margin % | 6.35% | 4.79% | 5.2% | 9.14% | 7.47% | 4.92% | 7.79% | 8.29% | 10.79% | - |
| Operating CF Growth % | 2.25% | -10.52% | 22.6% | 64.29% | -18.54% | -22.39% | 83.38% | 7.97% | 32.58% | 2.86% |
| Net Income | 133.91M | 141.63M | 143.99M | 24.04M | 144.76M | 257.41M | 346.74M | 385.76M | 392.99M | 403.76M |
| Depreciation & Amortization | 39.68M | 49.86M | 62.12M | 62.75M | 55.15M | 53.55M | 53.07M | 52.35M | 60.48M | 66.35M |
| Stock-Based Compensation | 3.63M | 4.67M | 4.47M | 4M | 6.45M | 8.56M | 9.58M | 9.5M | 7.29M | 4.75M |
| Deferred Taxes | -2.85M | 1.61M | 2.37M | -13.29M | -31.08M | 15.18M | -5.72M | -1.07M | -6.36M | 0 |
| Other Non-Cash Items | 2.19M | 3.76M | 37.87M | 145.5M | 60.04M | 4.72M | 9.55M | 1.93M | 11.06M | -30.27M |
| Working Capital Changes | -11.94M | -54.23M | -70.22M | 73.72M | 6.38M | -151.86M | -69.25M | -77.08M | 26.93M | 21.55M |
| Change in Receivables | -42.27M | -83.1M | 8.46M | 74.44M | -59.12M | -145.52M | -51.06M | -1.93M | -4.92M | 0 |
| Change in Inventory | -3.62M | -33.44M | -16.59M | 57.03M | 41.32M | -92.42M | -42.98M | 18.39M | 29.18M | 0 |
| Change in Payables | 32.08M | 50.34M | -29.79M | -53.86M | 10.92M | 53.6M | 37.68M | -39.27M | 2.17M | 0 |
| Cash from Investing | -16.89M | -797.91M | -55.1M | -55.4M | -44.93M | -35.66M | -60.83M | -95.41M | -318.75M | -56.92M |
| Capital Expenditures | -17.05M | -23.23M | -18.97M | -20.11M | -15.85M | -18.12M | -26.48M | -24.86M | -27.19M | -27.2M |
| CapEx % of Revenue | 0.66% | 0.76% | 0.55% | 0.62% | 0.49% | 0.48% | 0.6% | 0.56% | 0.6% | - |
| Acquisitions | -2.77M | -775.65M | -37.53M | -37.24M | -30.23M | -6.96M | -35.78M | -72.09M | -293.41M | -22.52M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 2.92M | 978K | 1.39M | 1.95M | 1.15M | -10.57M | 1.43M | 1.55M | 1.84M | -7.2M |
| Cash from Financing | -103.35M | 600.28M | -71.54M | -78.24M | -213.04M | -223.03M | -126.89M | -156.47M | -245.61M | -595.6M |
| Debt Issued (Net) | -36.35M | 674.08M | -6.24M | -24.55M | -105.88M | -139.9M | -67.25M | -24.84M | -25.11M | -181.89M |
| Equity Issued (Net) | -11.73M | -22.68M | -11.16M | -2.61M | -39.93M | -21.86M | -589K | -73.39M | -152.84M | -309.42M |
| Dividends Paid | -44.62M | -45.86M | -47.27M | -48.87M | -50.66M | -51.8M | -53.45M | -55.88M | -63.7M | -71.27M |
| Share Repurchases | -8.24M | -22.78M | -11.16M | -2.61M | -40.09M | -13.78M | -716K | -73.39M | -152.84M | -73.04M |
| Other Financing | -10.65M | -5.26M | -6.88M | -2.21M | -16.56M | -9.46M | -5.61M | -2.36M | -3.96M | -33.01M |
| Net Change in Cash | 45.2M▲ 0% | -50.91M▼ 212.6% | 54.07M▲ 206.2% | 160.33M▲ 196.5% | -10.81M▼ 106.7% | -73.27M▼ 578.1% | 159.56M▲ 317.8% | 116.58M▼ 26.9% | -72.2M▼ 161.9% | -181.27M▲ 0% |
| Free Cash Flow | 147.57M▲ 0% | 124.07M▼ 15.9% | 161.63M▲ 30.3% | 276.6M▲ 71.1% | 225.84M▼ 18.3% | 169.45M▼ 25.0% | 317.49M▲ 87.4% | 346.53M▲ 9.1% | 465.2M▲ 34.2% | 437.32M▲ 0% |
| FCF Margin % | 5.69% | 4.04% | 4.65% | 8.52% | 6.98% | 4.45% | 7.19% | 7.74% | 10.19% | 9.04% |
| FCF Growth % | -0.19% | -15.92% | 30.27% | 71.13% | -18.35% | -24.97% | 87.37% | 9.15% | 34.24% | -0.33% |
| FCF per Share | 3.75 | 3.16 | 4.13 | 7.09 | 5.75 | 4.33 | 8.10 | 8.83 | 11.98 | 11.98 |
| FCF Conversion (FCF/Net Income) | 1.23x | 1.04x | 1.25x | 12.34x | 1.67x | 0.73x | 0.99x | 0.96x | 1.25x | 1.08x |
| Interest Paid | 8.56M | 25.56M | 40.14M | 36.65M | 27.49M | 20.16M | 22.57M | 23.98M | 21.83M | 0 |
| Taxes Paid | 38.77M | 41.72M | 54.29M | 41.16M | 64.39M | 53.3M | 108.08M | 116.31M | 107.72M | 0 |
AIT Key Ratios
Applied Industrial Technologies, Inc. (AIT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 19.09% | 18.15% | 16.82% | 2.76% | 16.3% | 24.73% | 26.59% | 24.51% | 22.24% | 21.64% |
| Return on Invested Capital (ROIC) | 14.09% | 12.75% | 10.1% | 4.1% | 9.93% | 15.98% | 20.27% | 20.1% | 18.73% | 18.73% |
| Gross Margin | 28.44% | 28.76% | 29.02% | 28.89% | 28.91% | 29.05% | 29.16% | 29.84% | 30.31% | 30.04% |
| Net Margin | 5.16% | 4.61% | 4.15% | 0.74% | 4.47% | 6.76% | 7.86% | 8.61% | 8.61% | 8.34% |
| Debt / Equity | 0.39x | 1.18x | 1.07x | 1.11x | 0.99x | 0.70x | 0.43x | 0.44x | 0.31x | 0.31x |
| Interest Coverage | 19.91x | 9.48x | 5.77x | 5.91x | 6.75x | 13.31x | 19.14x | 25.25x | 15.12x | 42.94x |
| FCF Conversion | 1.23x | 1.04x | 1.25x | 12.34x | 1.67x | 0.73x | 0.99x | 0.96x | 1.25x | 1.08x |
| Revenue Growth | 2.95% | 18.49% | 13% | -6.54% | -0.3% | 17.76% | 15.8% | 1.51% | 1.88% | 7.54% |
AIT SEC Filings & Documents
Applied Industrial Technologies, Inc. (AIT) SEC filings — annual & quarterly reports (10-K, 10-Q)
AIT Frequently Asked Questions
Applied Industrial Technologies, Inc. (AIT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Applied Industrial Technologies, Inc. (AIT) reported $4.84B in revenue for fiscal year 2025. This represents a 323% increase from $1.14B in 1996.
Applied Industrial Technologies, Inc. (AIT) grew revenue by 1.9% over the past year. Growth has been modest.
Yes, Applied Industrial Technologies, Inc. (AIT) is profitable, generating $403.8M in net income for fiscal year 2025 (8.6% net margin).
Dividend & Returns
Yes, Applied Industrial Technologies, Inc. (AIT) pays a dividend with a yield of 0.52%. This makes it attractive for income-focused investors.
Applied Industrial Technologies, Inc. (AIT) has a return on equity (ROE) of 22.2%. This is excellent, indicating efficient use of shareholder capital.
Applied Industrial Technologies, Inc. (AIT) generated $437.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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